Grant of Options to Directors

iomart

27/10/2025 07:00

RNS Number : 8395E

Iomart Group PLC

27 October 2025

 

 

27 October 2025

iomart Group plc

(the "Company")

Grant of Options to Directors

iomart Group plc (AIM: IOM) the secure cloud services company, announces that, on 24 October 2025 the Remuneration Committee granted options over ordinary shares of 1p each in the Company ("Ordinary Shares") to: (i) Richard Last (Executive Chair) under the rules of a Share Option Agreement entered into with him on 25 October 2025; and (ii) Scott Cunningham (CFO) under the rules of the Company's Performance Share Plan 2020 as amended by the Remuneration Committee on 20 October 2023 and 11 April 2024 (together the "Plans").

The options granted under the Plans have an exercise price of 1p each and will vest on 24 October 2028 based on certain performance conditions.

These options, together with other options granted to Executive and Senior Management under a long term incentive plan and other share plans on the same date, and which similarly vest on 24 October 2028, result in an additional shareholder dilution of 5.23% which is within our existing levels of authority.

The following table sets out the interest of each director in options over Ordinary Shares:

Name of Director
Number of options granted on 24 October 2025 over Ordinary Shares pursuant to the Plans
Total number of options over Ordinary Shares held
Percentage of issued share capital under option
Richard Last
500,000
500,000
0.44%
Scott Cunningham
1,000,000
1,000,000
0.89%
Total
1,500,000
1,500,000
1.33%

 

 

iomart Group plc
Tel: 0141 931 6400
Richard Last, Executive Chair
Scott Cunningham, Chief Financial Officer
Investec Bank Plc (Nominated Adviser and Broker)
Tel: 020 7597 4000
Patrick Robb, Virginia Bull
Alma Strategic Communications
Tel: 020 3405 0205
Caroline Forde, Hilary Buchanan,Louisa El-Ahwal


 

 

1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Richard Last
2.
Reason for the notification
a.
Position/status
Executive Chair
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
iomart Group plc
b.
LEI
213800MME6X5NGP7NC68
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the
Financial instrument, type
of instrument
Identification code
Options over ordinary shares of 1p each ("Ordinary Shares")
ISIN: GB0004281639
b.
Nature of the transaction
Grant of options over 500,000 Ordinary Sharesrules of a Share Option Agreement entered into with Richard on 24 October 2025
c.
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
1p
500,000
d.
Aggregated information
·Aggregated volume
·Price
n/a single transaction
e.
Date of the transaction
24 October 2025,
f.
Place of the transaction
Outside a trading venue

 

 

 

1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Scott Cunningham
2.
Reason for the notification
a.
Position/status
Chief Financial Officer
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
iomart Group plc
b.
LEI
213800MME6X5NGP7NC68
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the
Financial instrument, type
of instrument
Identification code
Options over ordinary shares of 1p each ("Ordinary Shares")
ISIN: GB0004281639
b.
Nature of the transaction
Grant of options over 1,000,000 Ordinary Shares under the iomart Group plc Performance Share Plan 2020 asamended by the Remuneration Committee on 20 October 2023 and 11 April 2024
c.
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
1p
1,000,000
d.
Aggregated information
·Aggregated volume
·Price
n/a single transaction
e.
Date of the transaction
24 October 2025,
f.
Place of the transaction
Outside a trading venue

 

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